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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18087Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Logeay, Camille | - |
| dc.creator | Tober, Silke | - |
| dc.date | 2003 | - |
| dc.date.accessioned | 2013-10-16T06:58:11Z | - |
| dc.date.available | 2013-10-16T06:58:11Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/18087 | - |
| dc.identifier | ppn:37186268X | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18087 | - |
| dc.description | This paper analyses the Nairu in the Euro Area and the influence that monetary policy had on its development. Using the Kalman-filter technique we find that the Nairu has varied considerably since the early seventies. The Kalman-filter technique is applied here for the first time using explicit exogenous variables. In particular real interest rates were found to explain a quarter of the increase in the Nairu between 1980 and 1995. This indicates the possibility of a long-run non-superneutrality of monetary policy. | - |
| dc.language | eng | - |
| dc.publisher | Deutsches Institut für Wirtschaftsforschung (DIW) Berlin | - |
| dc.relation | DIW-Diskussionspapiere 351 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | E32 | - |
| dc.subject | C32 | - |
| dc.subject | E52 | - |
| dc.subject | ddc:330 | - |
| dc.subject | Nairu | - |
| dc.subject | Monetary Policy | - |
| dc.subject | Kalman Filter | - |
| dc.subject | Phillips curve | - |
| dc.subject | Superneutrality | - |
| dc.subject | Natürliche Arbeitslosigkeit | - |
| dc.subject | Phillips-Kurve | - |
| dc.subject | Geldpolitik | - |
| dc.subject | Realzins | - |
| dc.subject | Europäische Wirtschafts- und Währungsunion | - |
| dc.subject | Schätzung | - |
| dc.subject | EU-Staaten | - |
| dc.title | Time-varying Nairu and real interest rates in the Euro Area | - |
| dc.type | doc-type:workingPaper | - |
| dc.coverage | 1980-1995 | - |
| Appears in Collections: | EconStor | |
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